Connect with us

News

Dangote Industries Limited, again emerges as the Most Valuable Brand in Nigeria for 7th time

Published

on

Alhaji Aliko Dangote

For the seventh consecutive years, Dangote Industries Limited, has again emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others.

The latest report of the TOP 50 BRANDS NIGERIA® rankings, an annual celebration of the most influential and valuable brands in the country, revealed this.

Dangote is immediately followed by MTN Nigeria, which not only ranks second overall but also emerged as the Most Popular Brand in the country for the year, according to the Top-of-Mind (TOM) survey. MTN’s   strong consumer connection and widespread recognition highlight its significant impact on the telecommunications sector and beyond.

At the third place this year is Globacom Nigeria, a leading Nigerian multinational telecommunications company known for its innovative solutions and commitment to progress. Globacom’s consistent ranking among the top brands indicate its significant role in Nigeria’s digital and technological advancement. Airtel Nigeria, another key player in the telecommunications sector, secured the fourth position. Access Bank ranked in the fifth position, topping the Banking & Financial Services sector.

The organisers stated that: “This year’s list is a testament to the resilience, innovation, and enduring relevance of brands that continue to shape Nigeria’s economic, particularly in challenging times.

A significant highlight this year is that seven of the first 10 brands out of the 50 are Nigerian, emphasizing the resilience and global competitiveness of home-grown brands, most of which had spread abroad.

Advert

Additionally, it is impressive to note the consistency among the top brands, with seven of them maintaining their positions from last year. This stability reflects their continued relevance, strong market presence, and ability to navigate the complexities of the Nigerian business environment.

Nigerian brands account for 24 spots on the top brands list this year, while international brands hold 26 positions, representing 52% of the total.

The 2024 list also witnessed the entry of two new brands, these are Opay Nigeria and Flutterwave, which made their debut in the annual Top 50 evaluation. These new entrants highlight the growing influence of fintech and digital payment platforms in shaping Nigeria’s economic future.

Notably, 14 brands maintained their positions from the previous year, reflecting their consistent performance and consumer trust.

Another set of notes in the presentation are the 10 Brands to Watch – These are vibrant and upcoming brands, who, though not among the 50 Top Brands yet, but with significant visibility and promises. This year, 9 of the 10 Brands to Watch are Nigerian.

During the public presentation, Taiwo Oluboyede, CEO of TOP 50 BRANDS NIGERIA®, commended the       brands for their exceptional performance resilience, particularly in the face of the present economic challenges. “These brands deserve commendation, really, especially in times like this. The past year has been tough for many businesses, with some relocating out of Nigeria and others barely holding on. However, the majority of these brands have shown the resilient Naija spirit by weathering the storms and standing strong with positive projections into the future” He went on “As the saying goes, tough times never last, but tough people do. It’s in times like this that you differentiate between the boys and the men, as these brands have shown.” Concluded Oluboyede.

The 2024 TOP 50 BRANDS NIGERIA® list is a celebration of excellence, resilience, and the relentless pursuit of growth. As these brands continue to innovate and adapt, they set the standard for what it means to be a top brand in Nigeria. We look forward to witnessing their continued success and contribution to Nigeria’s economic development in the years to come.

News

Jonathan Urges National Assembly to Overhaul Electoral Litigation Process, Create Specialised Court

Published

on

Good Luck Ebele Jonathan

 

By Yusuf Danjuma Yunusa

Former President Goodluck Jonathan has called on the National Assembly to overhaul Nigeria’s electoral litigation process by establishing a specialised constitutional court to handle election disputes.

Speaking on Wednesday in Abuja at the 70th birthday and book launch of Senator Gbenga Daniel (APC, Ogun East), Mr. Jonathan argued that a dedicated court would reduce the strain on the political system by resolving election-related cases in a single phase.

He criticised the current three-tier system for governorship disputes—moving from a tribunal to the Court of Appeal and finally to the Supreme Court—as ineffective and unnecessarily prolonged.

Recalling a landmark case from 2011, Jonathan highlighted how technicalities have historically undermined electoral justice. “I remember a particular case where someone lost an election as a governor because the law then stipulated the use of red ink to tick voters’ names,” he said.

Advert

“In an entire senatorial district, they were not provided with red pens and used available black or green pens. As a result, those votes were cancelled. The Appeal Court upheld this, even though the lower tribunal felt that a tick is a tick.”

While acknowledging that the National Assembly later amended the law to allow governorship cases to reach the Supreme Court—specifically to prevent such injustices—Jonathan noted that the amendment failed to address the length of the litigation process.

The former president urged Nigeria to draw lessons from Francophone African countries, which employ specialised constitutional courts for political matters. He proposed that if the Supreme Court must remain the final arbiter for governorship elections, the lower tribunal stage should be eliminated entirely.

“I believe the ideal thing to do, which I was considering when I was in office, was to make sure that it’s only one tribunal that listens to any litigation relating to politics. This is done, especially in the Francophone countries in Africa. They have constitutional courts. Anything about elections, only the constitutional courts take decisions,” Jonathan explained.

He also challenged the judiciary to exercise firmness in its rulings, drawing an analogy to football. “Politics is like soccer, and the judges are the referees. If the referee looks the other way, players will break legs or score with their hands,” he added.

Continue Reading

News

ADC Defies INEC, Vows to Proceed with Congresses Amid Leadership Crisis

Published

on

 

By Yusuf Danjuma Yunusa

Nigeria’s African Democratic Congress (ADC) has declared it will go ahead with its scheduled congresses and national convention, defying the Independent National Electoral Commission’s (INEC) decision to suspend recognition of the party’s leadership.

The party’s National Publicity Secretary, Bolaji Abdullahi, insisted that the ADC has fulfilled all legal requirements, having formally notified the electoral body of its planned events.

Advert

“We will go ahead with our congresses. We have given INEC 21 days’ notice, they have accepted. Whether they come or not, we will continue with our congresses and our convention,” Abdullahi said during an interview on Arise TV.

His remarks come just days after INEC announced it would withhold recognition of the ADC’s leadership pending the outcome of a court case related to an internal dispute within the party.

The standoff sets the stage for a potential clash between the electoral commission and the opposition party, raising fresh questions about party governance, internal democracy, and the legal limits of INEC’s oversight powers in Nigeria.

Continue Reading

News

ADC Rejects INEC’s Ruling Interpretation, Vows to Clarify Contradictions

Published

on

By Yusuf Danjuma Yunusa

The African Democratic Congress (ADC) has sharply criticized the Independent National Electoral Commission (INEC) over its interpretation of a recent Court of Appeal statement, alleging that the commission has abandoned its neutrality by siding with the federal government.

In a press release issued on Wednesday, the ADC’s National Publicity Secretary, Mallam Bolaji Abdullahi, rejected INEC’s position, describing it as “contradictory and inconsistent with facts.” The party claimed that INEC was acting under pressure from a government it characterized as “jittery” due to the ADC’s growing momentum.

Advert

“We reject INEC’s interpretation of the Court of Appeal ruling,” the statement read. “We knew that INEC was being pressured by a government that has become jittery from the ADC’s rising momentum even in the face of its relentless assault on all opposition parties.”

The ADC accused the electoral commission of caving to political pressure, asserting that it has effectively chosen to align with the government against the Nigerian people. The party vowed to publicly clarify what it called the contradictions in INEC’s statement.

According to the release, the ADC is currently reviewing its legal and political options and will announce its next steps in the coming days. The party urged its members and the public to remain steadfast.

“We are currently reviewing our options, and we shall make these known soon. Meanwhile, we call on our members and all Nigerians to remain steadfast as they await further directives,” the statement concluded, adding the slogans: “Nigeria is rising. ADC is rising.”

Continue Reading

Trending